Aruba vs Jamaica: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Aruba
- Jamaica
How they compare
Aruba currently reports 6.4% against 6.4% in Jamaica, a difference of 0.0%.
The two have swapped places 3 times across 38 shared years of data; in 1986 it was Jamaica ahead.
Aruba ranks 94th and Jamaica ranks 95th of 197 countries.
Across the 5 decades both report, Aruba averaged higher in 1 and Jamaica in 4.
Head to head by decade
| Decade | Aruba | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.4% | 8.2% | 6.8% | Jamaica |
| 1990s | 12.0% | 7.1% | 4.9% | Aruba |
| 2000s | 1.8% | 9.4% | 7.7% | Jamaica |
| 2010s | 3.1% | 9.0% | 5.9% | Jamaica |
| 2020s | 5.5% | 6.7% | 1.2% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Aruba or Jamaica?
- Aruba, at 6.4% against 6.4% in Jamaica as of 2023.
- What is the difference in insurance and financial services between Aruba and Jamaica?
- 0.0%, with Aruba ahead.
- How many years of comparable data are there for Aruba and Jamaica?
- 38 years are reported by both, from 1986 to 2023.
- How do Aruba and Jamaica rank globally for insurance and financial services?
- Aruba ranks 94th and Jamaica ranks 95th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of commercial service imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.